When the markets go down, what does a retiree do?
This paper develops Probability of Failure based decision rules that address negative market sequences for retirement de-cumulation (i.e., income).
Link to paper (click on title below to go to paper):
Linked, and cover photo, with permission by the Financial Planning Association, Journal of Financial Planning, November 2011, by Larry R Frank Sr, John B Mitchell, and David M. Blanchett.
The Journal of Financial Planning is published by the Financial Planning Association® (FPA®) and all information published within is the sole property of FPA.
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